Iconic Eastern Suffolk Restaurant For Sale - 35547 Business Type: bar/tavern/night clubs,misc. retail/non-classifiable,misc. service/non-classifiable,other eating & drinking places,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $899,000 | Down Payment | $500,000 |
| Gross Revenues | $1,700,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $350,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and Balance of $399k at 7% for 60 months.
Business Description
Iconic Eastern Suffolk Restaurant for sale, with features such as a large classic bar, 232 seating capacity, and outdoor dining in the summer.
With a loyal customer base who enjoy dining in, take out, as well as the ability to order through food delivery services.
The restaurant boasts 7,000 sq. ft. with a 1,800 sq. fit. kitchen and was built in 1873.
The kitchen features two walk in freezers, two long walk in boxes and a full basement for storage.
This restaurant also has an ATM on site and four easily accessible restrooms.
A magnificent restaurant with an owner who feels it is time to move on.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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